Whether you’re looking to live in one unit while renting out the other or seeking a solid investment property in a desirable area, this two-family home offers versatility and potential for great returns. All separate utilities limit your expenses and allow you to live rent FREE with just the rental of the 2nd or 1st Unit. Homes need kitchen and bathrooms updated for maximum potential rents. Enjoy your morning coffee listening to the birds and butterfly gazing of the landscaped yard. Roses bushed adorn the front landscape on this quiet cul de sac road. This inviting property presents a spacious layout with two separate, duplex style units each offering comfortable living space with separate utilities 1 unit is a 2 bedrooms and the other unit a 1 bedrooms unit Embrace the outdoors with this expansive backyard, offering a serene retreat for relaxation and leisure, perfect for enjoying peaceful moments amidst the butterfly and rose gardens. Perfectly situated in Wappingers Falls NY this residence provides easy access to local amenities, schools , parks, and medical facilities, ensuring a harmonious blend of convenience and community living. This 2 family home presents a unique opportunity for homeowners seeking additional rental income or for the investor looking to capitalize on the thriving rental market. Whether it's for extended family living or an investment venture, this property offers the flexibility and potential to suit diverse lifestyle needs. This home is a fantastic investment opportunity with its versatile layout and prime location. Don’t miss out on the chance to own this charming property in Wappingers Falls! Additional Information: HeatingFuel: Oil Above Ground, ParkingFeatures: 2 Car Attached,
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,200 | $263,200 | $263,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $649 | $649 | $649 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,773 | $1,749 | $2,220 |
Total Monthly Payment | $2,497 | $2,473 | $2,944 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.